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  • E-Trade Financial Carries High Risk-Reward [View article]
    Holding on to etrade and stopped trading after getting burned when they missed earnings. I have my shares parked in my retirement account for the long term, as I see this as a multi-year investment until the economy recovers. Go McCain!
    Aug 28 15:02 pm |Rating: 0 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    This article indicates that the SEC will even implement more stringent rules regarding Naked short selling for the broader market, not just certain stocks. I think that this will really help turn the tide and give the longs some traction.

    www.ft.com/cms/s/d28fc...

    Jul 15 19:12 pm |Rating: 0 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Naked short selling is history as of opening bell tomorrow. As my suspicions tell me that Etrade, as well as other financials, have been victimized by "Naked" short selling, we may see some releif.

    news.yahoo.com/s/nm/20...




    On Jul 15 04:56 PM RightinSanFr ancisco wrote:

    > Unfortunately, over the next several years we will need to work through
    > two economic realities:
    > 1. We will need to export as much as we import. The dollary must
    > decline.
    > 2. We are major debtors at personal and governmental levels. Thankfully
    > corporate balance sheets (ex banks) are fine.
    >
    > Aside from the level of pain and the duration, a big question will
    > be whether we stay as committed to free market capitalism. Pessimists
    > would say - not in a democracy.
    Jul 15 18:23 pm |Rating: 0 0 |Link to Comment
  • S&P Upgrades E*Trade Despite Struggling Financial Sector Peers [View article]
    Evryone I hear says that you should not buy financials for short term but that this is the time to buy for long term, as far as buying good companies. Etrade is a speculative buy and a calculated risk. But, with S&P upgrading to a Hold--that tells me that it is not as speculative as it once was and is now a good long term play. I think that day traders and some so called experts have a different view of "long term". My view is 2-3 years in some cases and 10-15 years in other cases. Recessions end and you want to buy financials during recessions and own them during recoveries as a long term investor. Of course, there is some risk. You dont want to own the company that goes BK. Is Real Expert suggesting that Etrade is going to go under? Or, that it will take a year or two to go up to 5 or 6$ a share? What is his concern? Right now, if it goes up to 6$ a share in late 2009, I would make $20,000 just by holding the shares. If it goes lower, I just ride it out. If Etrade goes BK, the whole financial system of the United States is in a world of hurt and we are all screwed.
    Jun 18 14:55 pm |Rating: 0 0 |Link to Comment
  • E*Trade's 'First In, First Out' Position: Yes, 111M Shorts Can Be Wrong [View article]
    Big upgrade by S&P- The stock is going down based on the broad stock market sell off. This is a buying opportunity. There are no financials performing "well" right now so its a matter of finding deals limiting exposure. There is almost NO bankruptcy risk for this company. Etrade holds very little commercial paper any more and it has all been fully disclosed, and is not buying any more commercial paper or originating any more loans. The etrade credit cards are serviced by an entirely different company and they contract with ETRADe with the right to use the name. They are well capitalized and well managed, with significant stockholder with a stake in the performance in the company that will not allow it to go bankrupt. The use of online trading is the wave of the future, as more and more people are trading online as a supplement to, as as a replacement to their brokers. (Its funny, I still have some of my portfolio managed by my broker--college savings plans and such-- and he still gives me stock tips. He trades ETRADE stock also)

    Its not that I have an emotional attachment to etrade. I just think its a speculative investment that is undervalued based on its recent performance and real risk and therefore is a good investment for me based upon my income and my investment horizon and the rest of my portfolio.
    Jun 12 02:47 am |Rating: 0 0 |Link to Comment
  • Monday Option Update: LEH, WM, XLF, CCRT, ETFC, BDK, GGP, XLNX [View article]
    EFTC--Buy low--sell high. Today it is at 3.61. If I didnt have all of my money in Apple where I am making a boatload, I would be putting more of it in Etrade now. The only people losing money are the people who succomb to panic everytime they see "unrealized" losses. They are only losses when you hit the sell button.

    I actually hope etrade keeps going down another 20-30 cents.
    Jun 10 16:35 pm |Rating: 0 0 |Link to Comment
  • Citadel Infuses E*Trade with Strong, Experienced Management [View article]
    But i'm not losing money. Who said I was in etrade for the long haul. I trade etrade and take advantage of its volatility. You just dont seem to make sense. Buffet is a long term investor and buys companies for their long term growth. He is not a short term guy. I dont think you have a clue.

    Maybe financials have not "bottomed out" like you say but trying to predict a bottom is pointless. And, the the pros I was talking about re: bear are not the bear analysists themselves. I am talking about the ones who were telling everyone to buy bear stock the week before it crashed.

    Also, regarding etrade. It is a good stock to trade with. Right now, it is a good price to average in at before earnings with the price at 3.75. I predict an uptick back to 4.00 again where I will sell. Shorters will come back and force the price down.

    I have made 15,000 over the last 2 months just on this stock doing this. If it goes down, I win--Up, I win. If it plummets--well, another buying opportunity. If it goes bankrupt--highly unlikely--that is the risk I take. Its not like this is the only stock I own. Apple, tons of mutual funds, various other financial stocks, pharmas, --A well dioversified portfolio.

    I know people that talk big gains in the commodities market. They also have huge risk and can suffer huge losses, especially trading on margin. When they get burned in the traditional stock market, they go there with the promise of quick riches. Nothing wrong with that. Its just that with great promise of reward comes great risk.
    Jun 10 15:21 pm |Rating: 0 0 |Link to Comment
  • Citadel Infuses E*Trade with Strong, Experienced Management [View article]
    To: The real expert

    You mean the "pros" behind Bear Stearns? Those Pros?

    People stay long because their financial advisers and tax advisers tell them to. At all costs. Which is stupid if it means losing money. Ill pay short term taxable gains on a gain any day.

    Also, I think that the everyday, ordinary person should not be trading in stocks on etrade without having some basic knowlege of what the risks are. Otherwise, park it in mutual funds.

    I keep wondering, though. If you dont care about etrade , why are you here, posting? Just like JB Maria. What is your point? I have made a lot of money trading Etrade and dont need your advice or your concern. People here seem to be knowlegeable and know the risks. And, it seems, if I can follow your reasoning, that you would welcome us "rubes" entering the market against you pros.

    Maybe selling short is what should be banned.
    Jun 09 20:00 pm |Rating: 0 0 |Link to Comment
  • Citadel Infuses E*Trade with Strong, Experienced Management [View article]
    This is a blog--and these are meant to be opinions. Quite frankly, even wall street analysts are making opinions and have financial interests at stake. Who is really "disinterested"?
    Jun 07 12:31 pm |Rating: 0 0 |Link to Comment
  • Citadel Infuses E*Trade with Strong, Experienced Management [View article]
    If you are going to invest in a financial and make money, where do you go? Lehman is a play but I think it has a lot more downside risk. Of course, as I say that, I may be wrong and it may double in a year. But, lehman has a ton of toxic debt instruments that it wont and cant get rid of and it is looking for bailouts and cant find any (see article above). The risk of a run on the bank is much higher and there is no body that will recue lehman like bear stearns. So, do I really want to put my money in Lehman? It looks scary to me no matter how many buy ratings there are. Heck, the week before Bear Stearns went under, it was seen as an "undervalued" stock. Entire investment houses--one in the Portland area--went under based on those evaluations of Bear. Etrade has had its catharsis and already been bailed out and made its turn-around. Its has seen the demon in the face and has turned the corner, based on my reviews. I think that it is a company that will go up based on a stock market recovery. Remember that the stock market is a leading indicator, and that it starts to go up before the recession hits, if it does. Notwithstanding that, financials have been in a "bear" market and are due for a turnaround in the 3rd quarter. I think that etrade will be a good stock in late 2008 and 2009 but you should get in now and buy more stock now at the low prices. Also, Since Etrade is in this nice trading range in the last several weeks, where it goes down 25 cents and up 25 cents, one can make a lot of money taking advantage of this-since the stock price is generally stable within that range.
    Jun 06 02:03 am |Rating: 0 0 |Link to Comment
  • Citadel Infuses E*Trade with Strong, Experienced Management [View article]
    Lehman Bros is about to tank. Now that is a company to short.

    www.reuters.com/articl...

    Jun 04 16:39 pm |Rating: 0 0 |Link to Comment
  • Citadel Infuses E*Trade with Strong, Experienced Management [View article]
    JB Maria--what you are talking about is a complete banking failure and the next Great Depression. If that is the case, then all of the banks are screwed because they all hold commericial paper. You sound like my Grandmother.

    OK. Writedowns are an artificial accounting requirement. This is what is really going on since my firm actually does forclosures. Banks are now stopping short sales (to be distinguished from stock short sales) of houses. That means, when someone is in default and the house is on the market, they are not allowing the sale to go through for less than the value owed on the house. Also, seconds are buying out the firsts to put themselves in first position on decent collateral. Cash infusions from the Fed are allowing them to do that. So, what happens when they forclose. Are they selling the houses at fire sale prices? Not necessarily. A lot of banks are holding on to the properties and valuing them on their balance sheets at FMV based on a recovering real estate market. Also, they are hiring property managers to rent the property. So--Bank balance sheets are looking better. Also, the big banks are writing legislation to change the writedown rules. There may be some changes to the write downs based on the reassessment of the collateral and the coming recovery in the real estate market.

    The reality is that in many markets where real estate was far to expensive, many people will be able to buy properties that were unaffordable, the banks will get paid back, and the bad loans will have been cleared out. None of the banks that I deal with are nearing a liquidity failure.
    Jun 03 12:36 pm |Rating: 0 0 |Link to Comment
  • Who Will Trigger E*Trade's Magic Moment - and a 111.4M Short Squeeze? [View article]
    Is any analysis regarding a stock "pumping" that stock? I have looked at other sites that "pump" from Etrade that take me to this site that have forums on Visa, GE, Schwab--and they all seem to Pump the stock. Arent we all supposed to look at this information and make our own decisions?

    BTW-- Since I fired my broker and started doing my own trading--I have made WAY more money because I actually do my own research and care about making money for me.
    May 29 18:48 pm |Rating: 0 0 |Link to Comment
  • The Online Brokerage Wars: E*Trade Offers Compelling Risk/Reward [View article]
    Call security--The real expert is here and he wants to "speak" at our seminar. lol.

    Commodities are high risk and are part of a well diversified portfolio. People that are retired should put their money in bonds and fixed income type securities primarily. Us high-flying 37 year old lawyers with a long time horizon can play the market a bit with higher risk stuff. The reality is that Etrade is my highest risk play right now. I guess sirius would also fit that mark. Actually--the biggest high risk investment is my wife. Divorse is the single most financially devstating thing that can happen to anyone who makes money.
    May 28 00:43 am |Rating: 0 0 |Link to Comment
  • The Online Brokerage Wars: E*Trade Offers Compelling Risk/Reward [View article]
    No one who pays that much in taxes--unless they are a lottery winner with no financial ability--would sell their entire position, pay a bunch of capital gains, just to move their account. That is why this did not happen.

    On another note--I sense somthing is in the works, like another company buying etrade. Why wouldnt you? Wells Fargo for instance...8$ share.
    May 27 13:19 pm |Rating: 0 0 |Link to Comment
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